Before the world watched on as wildfires engulfed large swathes of California early in 2025, an insurance crisis was already starting to heat up. In the months and years before the disastrous 2025 ...
LOS ANGELES — A group of California homeowners is taking on insurance companies that they say illegally coordinated to deny coverage to fire-prone areas, leaving thousands of displaced residents ...
A new Nevada law allows insurers to stop offering coverage for wildfires. Some say California has already functionally done ...
While insurance affordability is an increasingly urgent issue nationwide, California homeowners continue to report relatively modest average costs compared to many other states. Data from the U.S.
As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire. The state regulator has a ...
A California appeals court this month turned down an effort by Insurance Commissioner Ricardo Lara to force the state's insurer of last resort to add more coverage to its basic fire policies.
LOS ANGELES, May 29, 2025 /PRNewswire/ -- The devastation caused by January's Pacific Palisades and Altadena wildfires served as powerful reminders of how crucial it is for homeowners to have adequate ...
Today is a pivotal day for California’s home insurance crisis, especially if your insurance company dropped you. Companies can now start submitting new catastrophe computer models to the state. It’s ...
SAN RAFAEL, Calif. -- It's becoming harder and harder to get a homeowner insurance policy in California. State Farm and Allstate stopped writing new policies, citing wildfire risks. Others are ...
The current commissioner has failed his obligations to the consumers,” said Rep. John Garamendi, D-Walnut Grove.
Market Adjustments: Some insurance companies have scaled back their offerings in high-risk regions due to increased losses. As a result, some homeowners need to turn to alternatives such as the ...